Watts Water extends $800 million revolving credit facility to July 2029
Watts Water Technologies entered a Third Amended and Restated Credit Agreement on July 12, 2024, extending the maturity of its $800 million senior unsecured revolving credit facility from March 30, 2026 to July 12, 2029. The expansion option was amended to $400 million, while the benchmark spread and financial covenants were not changed. For shareholders, this is a routine refinancing that pushes out the company's main credit facility maturity by about three years.
Key points
- Revolving credit facility maturity extended from March 30, 2026 to July 12, 2029
- Expansion option amended to $400 million
- Benchmark spread and financial covenants unchanged
- Domestic subsidiaries guarantee obligations under the Third Amended and Restated Guaranty dated July 12, 2024
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 15, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.